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Politics : Foreign Affairs Discussion Group

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To: quehubo who wrote (111032)8/12/2003 12:05:04 AM
From: Nadine Carroll  Read Replies (1) of 281500
 
Within 10 years the quantity of oil production will have peaked and we will be forced to start looking past the petroleum age. The days of cheap oil are numbered.


You really think so? I remember hearing the same thing in 1970. Every time someone says this, they find more oil. How much more oil is ready to come out of the ground if the price rises $10 or $20 a barrel?
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